Standard Four Economics Project

By: Eli Hobbs

How does The United States Government promote and secure competition in a market economy?

The United States have anti-trust laws. They have to have competition. Entrepreneurship plays a big role in promoting competition in a market economy. Having a firm monopoly power is key also.

How does The Untied States Government protect private property right in a market economy?

Quite often property rights have over ruled human rights. our government lets the owner decide what he or she wants to do with their property. this is part of market freedom. Doing what he or she wants with their property is up to them. The government must define what the right consist of. It is your right to own property and the government to protect that.


www.heratige.org

How does The United States Government promote equity in a market economy?

Everyone has the opportunity to make something of themselves. The U.S. stands behind an individual that is willing to put in the work to put themselves out there and to be known. The government thinks everyone should have equal rights.


www.governmentisgood.com

How does The United States Government provide public goods and services in a market economy?

The government uses all kinds of ways to provide public services for the people. The military is a huge public service. The military protects the people in a whole bunch of ways. It is not the only service that the government provides. The garbage that runs by your house is another one. These are available to anyone.


www.boundless.com

How does The United States Government resolve externalities and other market failures in a market economy?

Whenever a good or something falls through the government can tax that good. There are many different ways the government can resolve a market failure. The great depression is a great example. The stock market crashed and the government got it back up and running once again.


www.bigthink.com

How does The United States Government stabilize and promote growth in a market economy?

The government has a built-in automatic fiscal stabilizers, which include progressive taxes and escalating welfare payments, provide a shock absorbed to stabilize an economy following an economic shock.

How does The United States Government use regulations and deregulation policies to affect consumers and producers in a market economy?

Regulations make the buyer feel better about their purchases. They play as a safe guard to the buyer. They can make or break a deal.


www.countrystudies.com

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